14 July 2025
14 July 2025
Currently holding the EU presidency, Denmark has drafted a document stating that these plans should be kept under "professional secrecy".
This discovery is under evaluation for a potential tie-in to the existing Johan Castberg field infrastructure.
The permission follows the company's 2024 application for the drilling of exploration or appraisal wells in the Northern Cape Ultra Deep Block within the Orange Basin.
This issue has prompted the US Government to release barrels from its emergency stockpile to support regional refineries.
This strategic move bolsters Perenco's position as a key oil and gas producer in the country, complementing its existing operations.
The contract involves the regasification of LNG to be imported by DFPCL.
Despite the progress, carbon capture and storage does still face economic, regulatory and infrastructure barriers.
The global energy and insurance industries need to work together to reduce the number of claims being made and meet climate change head on, according to speakers at the Energy Insurance London event on 3 July 2025.
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